Bamco Inc. NY Boosts Stock Holdings in Welltower Inc. $WELL

Bamco Inc. NY boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,277,492 shares of the real estate investment trust’s stock after purchasing an additional 90,558 shares during the period. Welltower makes up approximately 0.6% of Bamco Inc. NY’s portfolio, making the stock its 28th biggest holding. Bamco Inc. NY owned approximately 0.18% of Welltower worth $237,115,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of WELL. Hager Investment Management Services LLC raised its stake in Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares during the period. Marquette Asset Management LLC raised its stake in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Swiss RE Ltd. purchased a new position in Welltower during the fourth quarter worth approximately $29,000. Quarry LP purchased a new position in Welltower during the third quarter worth approximately $33,000. Finally, Financial Consulate Inc. purchased a new position in shares of Welltower in the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on WELL shares. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Wells Fargo & Company raised their target price on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Scotiabank raised their target price on shares of Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. KeyCorp raised their target price on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $238.00 target price on shares of Welltower in a research note on Monday. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $231.25.

Welltower Stock Performance

Welltower stock opened at $206.65 on Thursday. Welltower Inc. has a 12-month low of $148.97 and a 12-month high of $221.68. The company has a market capitalization of $145.88 billion, a price-to-earnings ratio of 102.30, a price-to-earnings-growth ratio of 1.10 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The firm’s fifty day moving average price is $210.53 and its 200 day moving average price is $201.41.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the previous year, the firm posted $1.20 EPS. The firm’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, research analysts forecast that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s payout ratio is 146.53%.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.